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Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. Township and Village Enterprises are market-oriented public enterprises under the purview of local governments based in townships and villages in the People''s Republic of China. They initially built on commune- and brigade-run industries that had been set up to serve the rural areas during the Great Leap Forward. During that time, TVEs had a limited role and were restricted to the production of iron, steel, cement, chemical fertilizer, hydroelectric power, and farm tools.However, the reforms of 1978 changed this and TVEs became the most vibrant part of the Chinese economy as they experienced significant expansion in the 1980s and early 1990s.